Limited Brands May Sales up 6%

Limited Brands, Inc. LTD reported a comparable store sales increase of 6 percent for the four weeks ended May 26, 2012, compared to the four weeks ended May 28, 2011. The company reported net sales of $671.9 million for the four weeks ended May 26, 2012, compared to net sales of $717.4 million last year. The company reported a comparable store sales increase of 7 percent for the 17 weeks ended May 26, 2012, compared to the 17 weeks ended May 28, 2011. The company reported net sales of $2.826 billion for the 17 weeks ended May 26, 2012, compared to sales of $2.934 billion last year. May 2011 and 2011 year-to-date sales included $68.9 million and $282.8 million attributable to the third party apparel sourcing business, which was sold in November 2011.